Nestlé has described confectionery as a ‘difficult category’ in its first-half results as it was hit by weak Easter demand in Brazil and increasing competition in the US.
Snack sticks are enjoying a surge in Asia as new entrants enter the category with smaller pack sizes and innovative flavors, writes Euromontior analyst Emil Fazira Bte Kamari.
Mars is to launch an M&M's butterscotch flavor exclusively at Target stores across the US this Halloween.
Voluntary market initiatives from the largest buyers and sellers of palm oil could help curb deforestation, researchers say, noting South America and Africa are most at risk.
TIPA is seeking new partnership deals for its eco-friendly compostable packaging, CEO Daphna Nissenbaum said.